CNBCのインスタグラム(cnbc) - 7月4日 19時00分
The United States economy is making history.
This month marks the 121st month of economic expansion for the U.S., making it the longest run on record going back to 1854.
The expansion began in June 2009, on the heels of the great financial crisis.
It's worth noting, however, that this run has been weaker than past expansions in total. The cumulative total of quarterly GDP growth figures equals 25%, far lower than previous booms.
More on the state of the economy, at the link in our bio.
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#economy #useconomy #gdp #growth #finance #economics #business #news #economics #businessnews #cnbc
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anniechao4lacers
Interesting to see the economic expansion graphed out. While it looks great on paper, the reality is that people are jaded, skeptical and worried, so personal spending is held back in anticipation for a burst in the bubble...so much wait and see caution ??♀️?
bryceewingg
Also unprecedented cheap money currency pumped into the economy by the fed. This entire expansion was propped up by this. Earnings & savings have plummeted while debt has sky rocketed (caused by an endless supply of loanable money)
98765abcdefghijk
The expansion date is not accurate...the feds were desperate to show they were generating growth. It’s closer to 2014 and never started really going until 2016
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